Recent Entries

• Balayya takes a break from movies for Politics Read more: http

  by Sindhuri G August 28, 2012
  Nandamuri Balakrishna had a busy one year with three releases in three months (Adhinayakudu – June, UKUP – July and Srimannarayana – August). And now the actor is planning to take a break of 3-4 months from movies. The actor wants to allocate special time for his political entry an...

• Aadi Pinisetti to test his luck in own waters Read more: http:

  by Sindhuri G August 28, 2012
  At the times when all the telugu heroes are trying their luck in tamil industry our own telugu lad Aadhi Pinisetti who is an household name in tamil industry is looking back at his home audience. Aadhi Pinisetti who acted few films in tamil  n most of them being success  is...

• Amitabh Bachchan to play Pakistani protagonist

  by Sindhuri G August 28, 2012
  It may well be his most controversial role till date but Big B, who's always in search of newer challenges, has verbally given his nod to playing a Pakistani national in sound designer Resul Pookutty's directorial debut. The script of the yet-untitled project has already been submitted to Bachchan....

• Desi Boyz makers face trouble over copyright

  by Sindhuri G August 28, 2012
  Andheri Magistrate Court issues summons against Rohit Dhawan and an arrest warrant against producer Krishika Lulla after writer Shyam Devkatte scales up his copyright battle Drawing 'inspiration' from stories, popular music tracks - Indian and International- or lyrics has been an accepted by most a...

• Suchitra Krishnamoorthi files complaint against HSBC bank

  by Sindhuri G August 28, 2012
  In March 2012, peeved with the careless approach of her bankers toward handling her investments, actress-singer Suchitra Krishnamoorthi had slapped a legal notice on Hongkong and Shanghai Bank Corporation Limited (HSBC) for alleged mismanagement of her funds. But the notice sent through her solicito...

• Mutual funds take on Ulips, pack in insurance cover with MFs

  by Sindhuri G August 28, 2012
  MUMBAI: Mutual funds are reviving a scheme that will compete with domestic insurers' unit-linked insurance plans - an equity product with insurance cover. This product was put on the backburner almost three years ago following the spat between market regulator Sebi and its insurance counterpart Irda...

• Minimise risk, invest only in FDs of reputed firms

  by Sindhuri G August 28, 2012
  Conservative investors are always searching for that extra percent. Since they invest most of their savings in safe avenues like bank deposits, it is very important for them to earn an extra percent from other relatively safe instruments like company deposits. Naturally, they settle for manufacturin...

• Bharti Airtel to return to Street with Infratel; looking to rai

  by Sindhuri G August 28, 2012
  NEW DELHI: Bharti Airtel, the country's largest telecom company, is once again exploring the option of listing its tower arm, Bharti Infratel, to raise funds for itself and provide an exit option to PE firms that had invested $1.25 billion in the tower company five years ago. "The company has start...

• Just Dial files for IPO

  by Sindhuri G August 28, 2012
  Directory services provider Just Dial Ltd said on Wednesday it has filed fresh regulatory papers for an initial public offer (IPO), after earlier shelving a public offer. Just Dial plans to sell 9.55 million shares in the IPO, it said in a statement. The Indian units of Citigroup and Morgan Stanley...

• SRG Housing Finance SME IPO opens on 22nd August

  by Sindhuri G August 28, 2012
  SRG Housing Finance Limited, a growing housing finance company with registered office at Udaipur in Rajasthan, proposes to enter the capital markets on 22nd August 2012 with a public issue of 35,04,000 of Rs 10 each. The Issue price for this IPO to be listed on SME platform of BSE has been fixed at...

• Kesoram Industries to mop up upto Rs 500 crore through a rights

  by Sindhuri G August 28, 2012
  BSE 138.00 -1.65 (-1.18%) Vol:3912 shares traded NSE 138.10 -2.15 (-1.53%) Vol:3904 shares traded Prices|Financials|Company Info|Reports KOLKATA: The board of Kesoram Industries on Wednesday approved the company's proposal to issue shares on a 'rights basi...

• Fortis eyes up to $400 mn trust IPO in Singapore: Source

  by Sindhuri G August 28, 2012
  SINGAPORE: Religare Health Trust is set to launch an up to $400 million initial public offering in Singapore, a source said, in a move that will allow the backer of the trust, Indian hospitals group Fortis Healthcare, to cut its substantial debt level. The trust, which will own assets managed by Fo...

• SRG Housing Finance extends closure of IPO amid bank strike

  by Sindhuri G August 28, 2012
  MUMBAI: The two-day nation-wide strike of banks has prompted SRG Housing Finance to extend closure of its Rs 7-crore initial public offering. While the issue opened on August 22, it is now rescheduled to close on August 28 instead of August 24, said the company. The Udaipur-based housing finance co...

• SRG Housing Finance extends closure of IPO amid bank strike

  by Sindhuri G August 28, 2012
  MUMBAI: The two-day nation-wide strike of banks has prompted SRG Housing Finance to extend closure of its Rs 7-crore initial public offering. While the issue opened on August 22, it is now rescheduled to close on August 28 instead of August 24, said the company. The Udaipur-based housing finance co...

• Maharashtra CM asks Arunachal MP to co-ordinate efforts to brin

  by Sindhuri G August 28, 2012
  NEW DELHI: After the transfer of Mumbai police commissioner Arup Patnaik, the Maharashtra government appears determined to prove that it has a grip on the law and order situation. State chief minister Prithviraj Chavan has initiated steps to fly back (on concessional charter flights) students from ...

• CERC can revise power tariffs despite pacts, says Attorney Gene

  by Sindhuri G August 28, 2012
  NEW DELHI: Attorney General of India Goolam Vahanvati has said the power regulator can regulate and revise electricity tariffs irrespective of the contracts signed by power producers with distribution companies. The opinion of the country's top legal officer offers a ray of hope to power generators...

• SEBI's rules for promoters to dilute stake complicated

  by Sindhuri G August 28, 2012
  Recently, I attended a seminar on the rule that says listed companies must have a minimum 25% public shareholding, with 10% for listed public sector companies. The SEBI chairman emphatically said that the three years' time given to companies and their promoters to comply was enough, and companies we...

• Bharti Airtel ties up with Microsoft to sell Office 365 to SMEs

  by Sindhuri G August 28, 2012
  NEW DELHI: In a sign of the increasing role being played by telecom operators in the emerging cloud computing ecosystem, India's largest telco Bharti Airtel has tied up with Microsoft to sell the software giant's office productivity suite to small and medium businesses in India. For Airtel, the par...
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